We designed four observational learning experiments to identify the key channels that, along with Bayes …-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in … actions, but they overweight their low quality signals relative to public information. Experiments 2-4 reveal that non …

than Italian-speaking children to delay gratification in an intertemporal choice experiment. This result is robust when …

experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition …